2-bed · 1,760 sqftElite Downtown Residence, Downtown Dubai · 23rd floor · completed 2022

2314, Elite Downtown Residence

Sold prices and rental history: sold once, by the developer in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2314 · DLD and Ejari recordsUpdated 12 September 2023
Last soldAED 3.12M12 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2314, Elite Downtown Residence

What is 2314 worth today?

Last sold for AED 3,122,120 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Sep 2023Sold by developerReady
AED 3,122,120AED 1,773 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2023.

Key facts

Type
2-bed apartment
Size
1,760 sqft
Floor
23rd of 23
Parking
P4-37
Developer
Triplanet Elite Developements
Completed
2022
Service charge
AED 30,700 /yr
Last sold
AED 3.12M · September 2023

About 2314, Elite Downtown Residence

2314 is a two-bedroom apartment of 1,760 sqft on the 23rd floor of Elite Downtown Residence, a 23-storey tower in Downtown Dubai completed in 2022 by Triplanet Elite Developements. The developer sold it on 12 September 2023 for AED 3,122,120, or AED 1,773 per sqft, in line with the AED 1,810 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2314 over time

Sales
Unit 2314, each saleTypical two-bed in Elite Downtown Residence
2.5M3M3.5M202120232025Typical sale price by year: 2021 AED 2,428,000; 2022 AED 2,523,000; 2023 AED 2,931,660; 2024 AED 3,500,000; 2025 AED 2,400,000Sold by developer, September 2023: AED 3,122,120 (AED 1,773 per sqft)

2314 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2314, each contractTypical two-bed in Elite Downtown Residence
175K200K202220242026Typical rent by year: 2022 AED 160,000; 2023 AED 170,000; 2024 AED 175,000; 2025 AED 176,160; 2026 AED 213,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Elite Downtown Residence, and where 2314 sits

All 68 2-beds →

2314 last sold in September 2023 at AED 1,773 per sqft, in line with what two-beds in Elite Downtown Residence were fetching at the time (AED 1,810). Over the last 12 months two-beds sold for AED 1,250,000, around AED 1,830 per sqft, and rent for AED 155,000 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20251,250,000
14 Feb 20252,924,000
30 Jan 20252,400,000
11 Nov 20242,900,000
1 2-bed sale in the last 12 months

Elite Downtown Residence

Building

454 apartments, studios to 3-bed over 23 floors in Downtown Dubai, completed in 2022 by Triplanet Elite Developements. 9 sold in the last 12 months.

Typical price per sqft
AED 2,309
Typical sale
AED 1.2M
Typical rent
AED 105K /yr
Typical yield
6.3%
Elite Downtown Residence, Downtown Dubai: prices, sales and rents →

Other units on the 23rd floor

All 454 units in Elite Downtown Residence
Value
23011-bedAED 3.21M · Nov 2022
23021-bedAED 2.25M · Jun 2025
2303StudioAED 2.56M · Dec 2022
23043-bedAED 4.45M · Sep 2023
23052-bedAED 2.93M · Sep 2023
2306StudioAED 1.17M · Feb 2025
2307StudioAED 1.1M · Jul 2025
1–7 of 19

2314, Elite Downtown Residence in numbers

  • Sold once: by Triplanet Elite Developements on 12 September 2023 for AED 3,122,120, or AED 1,773 per sqft.
  • Two-beds in Elite Downtown Residence sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,309 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 September 2023.

Questions about 2314, Elite Downtown Residence

What did unit 2314 last sell for?

AED 3,122,120 on 12 September 2023, sold by the developer: AED 1,773 per sqft for 1,760 sqft. It is the only registered sale of the unit.

How big is unit 2314?

1,760 sqft (163.5 sqm): a two-bedroom apartment on the 23rd floor of a 23-storey tower completed in 2022.

What is unit 2314 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elite Downtown Residence sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,830 per sqft.

Selling 2314? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2314, Elite Downtown Residence

Starts from the last sale price (AED 3.12M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,122,120
Deposit, UAE resident (20%)
AED 624,424
Deposit, non-resident (40%)
AED 1,248,848
Monthly over 25 years at 3.7%
AED 12,774

Plus AED 136,139 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →